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MA1016 REDONE.docx - BUS4451-OL Business Strategy and...

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BUS4451-OL Business Strategy and Policy (Dr. Correa)External Factor Evaluation TemplateExternal Factor Evaluation (EFE) MatrixCompany Name: Boeing Co.Key External FactorsWeightRatingWeightedScoreOpportunities1)Product Innovation-By developing new and creativegoods, the Corporation can strengthen the negotiating powerof buyers. The brand with the greatest levels of originalityand innovation is the most valued in the business. Boeinghas a reputation for being inventive, and it is well-knownfor its relentless pursuit of new concepts. Their ideas haveushered in a slew of positive developments in the airlinesector (Adamkasi, 2019).0.12540.52)Reliable supply power-Suppliers with a strong marketposition might reduce the profitability that The Boeing Firmgenerates. By establishing an effective distribution networkwith various suppliers, Boeing can address SupplierBargaining Power. Ultimately, when dealing with supplierswhose existence is dependent on the firm, developingdevoted suppliers is advantageous(Bloomberg, 2019).

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Term
Spring
Professor
NoProfessor
Tags
Competition between Airbus and Boeing, Northrop Grumman, The Boeing Company

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